Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
In the last couple of months, the Prime Minister has visited Japan and the US and launched the Make in India campaign to lure foreign investments into manufacturing sector.
Capt Gopinath, in a deperate bid to fend off a possible auction of his prime residential property in Bangalore by State Bank of India, which had earlier issued notices to sell his pledged properties to recover as much as Rs 259 crore (Rs 2.59 billion), has struck a deal with Sobha Developers to raise funds.
The central government has said it will look into the matter.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
Bharti will move FIPB soon for increasing Axa's stake to 49%
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Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.
In August, RBI allowed 11 business houses to start a payments bank.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
Instead of enhancing the sum insured of your basic policy, a more cost-effective option is buying a super top-up policy.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
It has made everything public in the name of 10 lakh comments it got on draft net neutrality proposals.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Analysts said the higher capex by PSUs, along with government spending, could trigger a capex revival for the corporate sector by the second half of FY17
Walmart, the world's largest retailer, is hoping to get more than 30,000 consumers through its e-commerce pilot project that will be launched in the first week of July.
Cash-&-carry chains claim of the products they sell 85-90% is local.
Attacked by detractors within the party of praising Prime Minister Narendra Modi, Congress MP Shashi Tharoor on Friday accused Modi of maintaining "silence" on his ministers' comments on controversial issues and conversion campaign by groups like Vishwa Hindu Parishad.
Manoj Sinha will retain his current role in the railways.
With Airtel and RCom already having launched their special offers for post-paid customers, and RJio around the corner, Vodafone makes its move with Red.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
Ashish Chauhan is generous in his praise for his former bosses and doesn't flinch in pointing out the reasons why the BSE lost out in the initial years of the NSE.
Global retail behemoths seem to have read the signals right.
For the four new players, the spike in wealth is 126 per cent.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
E-commerce pilot for wholesale begins from July in Hyderbad and Lucknow
Sources aware of the development said as part of the project, the airline had signed an agreement with Reliance Industries Ltd, which would extend quality control services at its coastal terminals for ATF imported by the airline.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
Indian CEOs might like to make some serious course correction.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
The government plans to take India into the top 50 ranks in ease of doing business in the next two years with efforts such as shifting all applications for industrial licenses online.
The Network18 stock is down 4.2 per cent after the declaration of results to Rs 49.50 currently.
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
The government has made it much harder for tycoons to get special dispensations from Delhi
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
While three operational mines in Chhattisgarh had a capacity of 12 million tonnes (mt), six were yet to start production.
Cash-and-carry stores try tricks, from playing Bollywood music to customising orders, to retain customers.
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
One of the urgent tasks ahead for the new government should be to improve public trust in the executive.
